SALE NOTICE FOR PUBLICATION IN BANK S WEBSITE FROM 24.01.2019 TO 27.02.2019 THE TERMS AND CONDITIONS OF SALE. PROPERTY WILL BE SOLD ON AS IS WHERE IS, AS IS WHAT IS AND WHATEVER THERE IS BASIS 1. Sri.Radhakrishana Pillai Radhu Bhavanam, Manakkara 1 2 3 Name and address of the Borrower Name and address of Branch, the secured creditor Description of the immovable secured assets to be sold. Sasthamcotta.Kollam District.PIN 690501 2. Smt. Rekha.R.Pillai Radhu Bhavanam, Manakkara Sasthamcotta.Kollam District PIN 690521 State Bank of India, Stressed Assets Recovery Branch, 1 st Floor. LMS Compound, Oppo. Museum West Gate, Vikas Bhavan P.O. Thiruvananthapuram All the parts and parcel of the property consisting of 1.32 ares of land and building and all other things attached thereto in Resy.No 456/1 in Mynagappally Village, Kunnathur Taluk, Kollam District covered under Sale Deed No 2112/14 dated 04.09.2014 of SRO Karunagappally in the joint name of Radhakrishan Pillai and Rekha.R. Pillai Bounded : On the East by: Property of Narayani Panchayath well On the West by: Road On the South by: Road On the North by: Property of Nabeesa and 4 5 Details of the encumbrances known to the secured creditor. The secured debt for recovery of which the Nil to the knowledge of the Bank Rs 1451920 /- as on 22.01.2019 with future interest and cost
property is to be sold 6 Deposit of earnest money 7 8 9 10 11 Reserve price of the immovable secured assets: Bank accountin which EMD to be remitted. Last Date and Time within which EMD to be remitted: Rs Time and manner of payment Time and place of public e-auction or time after which sale by any other mode shall be completed. The e-auction will be conducted through the Bank s approved service provider. e-auction tender documents containing e- Auction bid form, declaration etc., are available in the website of the service provider as mentioned abov (i) Bid increment amount: EMD: Rs 75000/-being the 10% of Reserve price to be remitted by RTGS / NEFT to the Bank account or Demand Draft draw in favour of SBI,SARB,Parking account (Sri.Radhakrishna Pillai) on any Nationalised or Scheduled Bank Rs. 748000/- A/c No.: 33933574299 IFSC: SBIN0007898 Bank : State Bank of India Address: Nanthencode Branch, LMS Compound, Vikas Bhavan.P.O. Thiruvananthapuram Time : 4.00 Date : 25.02.2019 The successful bidder shall deposit 25% of sale price, after adjusting the EMD already paid, immediately, i.e. on the same day or not later than next working day, as the case may be, after the acceptance of the offer by the Authorised Officer, failing which the earnest money deposited by the bidder shall be forfeited. The Balance 75% of the sale price is payable on or before the 15 th day of confirmation of sale of the secured asset or such extended period as may be agreed upon in writing between the Secured Creditor and the e-auction purchaser not exceeding three months from the date of e-auction. Date :27/02/2019 Time: 11.00 AM to 01.00 PM M/s. e-procurement Technologies Ltd. at the web portal https://sbi.auctiontiger.net. Contact Praveen Kumar Thevar 09722778828, Madhusudan Nair 09686999578, Land Line 079 61200517, e-mail id kerala@auctiontiger.net, madhusudan@auctiontiger.net, praveen.thevar@auctiontiger.net. E-Auction Tender Document containing online e-auction bid form, Declaration, General Terms and Conditions of online auction sale are available in website https://sbi.auctiontiger.net., www.auctiontiger.in 1.Rs 10000/ ii Till sale is completed iii Indian Rupees
12 (ii) Auto extension: times. (limited / unlimited) (iii) Bid currency &unit of measurement Date and Timeduring which inspection of the immovable secured assets to be sold and intending bidders should satisfy themselves about the assets and their specification. Any working day with prior appointment Name : Smt.Alcina Netticadan Mobile No. 9447725511 Contact person with mobile number 13 Other conditions Bidders shall hold a valid digital Signature Certificate issued by competent authority and valid email ID (e - mail ID is absolutely necessary for the intending bidder as all the relevant information and allotment of ID and Pass word by M/s e-procurement Technologies Ltd may be conveyed through e mail. The intending bidder should submit the evidence of EMD deposit like UTR number along with Request letter for participation in the e-auction, self-attested copies of (i) Proof of Identification(KYC) Viz ID card/driving Licence/Passport etc., (ii) Current Address -proof of communication, (iii) PAN card of the bidder (iv) Valid e-mail ID (v) Contact number(mobile/land line of the bidder etc., to the Authorised Officer of State Bank of India, Stressed Assets Recovery Branch, LMS Compound,Oppo.Museum West Gate,Vikas Bhavan.P.O. Thiruvananthapuram by 25.02.2019,at 4.00 PM Scanned copies of the original of these documents can also be submitted to e-mail Id of Authorised Officer. Names of Eligible Bidders will be identified by the State Bank of India Stressed Assets Recovery Branch to participate in online e-auction on the portal https://sbi.auctiontiger.netof M/s e-procurement Technologies Ltd who will provide User ID and Password after due verification of PAN of the Eligible Bidders The successful bidder shall be required to submit the final prices, quoted during the e-auction as per the annexure after the completion of the e-auction, duly signed and stamped as token of acceptance without any new condition other than those already agreed to
before start of e-auction. During e-auction, if no bid is received within the specified time, State Bank of India at its discretion may decide to revise opening price / scrap the e- Auction process / proceed with conventional mode of tendering. The Bank / service provider for e-auction shall not have any liability towards bidders for any interruption or delay in access to the site irrespective of the causes. The bidders are required to submit acceptance of the terms &conditions and modalities of e-auction adopted by the service provider, before participating in the e-auction. The bid once submitted by the bidder, cannot be cancelled/withdrawn and the bidder shall be bound to buy the property at the final bid price. The failure on the part of bidder to comply with any of the terms and conditions of e-auction, mentioned herein will result in forfeiture of the amount paid by the defaulting bidder. Decision of the Authorised Officer regarding declaration of successful bidder shall be final and binding on all the bidders. The Authorised Officer shall be at liberty to cancel the e-auction process / tender at any time, before declaring the successful bidder, without assigning any reason. The bid submitted without the EMD shall be summarily rejected. The property shall not be sold below the reserve price. The conditional bids may be treated as invalid. Please note that after submission of the bid/s, no correspondence regarding any change in the bid shall be entertained. The EMD of the unsuccessful bidder will be refunded to their respective A/c numbers shared with the Bank. The bidders will not be entitled to claim any interest, costs, expenses and any other charges (if any). The Authorised Officer is not bound to accept the highest offer and the Authorised officer has absolute right to accept or reject any or all offer(s) or adjourn / postpone / cancel the e-auction without assigning any reason thereof. The sale is subject to confirmation by the secured creditor. In case of forfeiture of the amount deposited by the defaulting bidder, he shall neither have claim on the property nor on any part of the sum for which it may be subsequently sold. The successful bidder shall bear all the necessary
expenses like applicable stamp duties / additional stamp duty / transfer charges, Registration expenses, fees etc. for transfer of the property in his/her name. The payment of all statutory / non- statutory dues, taxes, rates, assessments, charges, fees etc., owing to anybody shall be the sole responsibility of successful bidder only. In case of any dispute arises as to the validity of the bid (s), amount of bid, EMD or as to the eligibility of the bidder, authority of the person representing the bidder, the interpretation and decision of the Authorised Officer shall be final. In such an eventuality, the Bank shall in its sole discretion be entitled to call off the sale and put the property to sale once again on any date and at such time as may be decided by the Bank. For any kind of dispute, bidders are required to contact the concerned authorised officer of the concerned bank branch only. The sale certificate shall be issued after receipt of entire sale consideration and confirmation of sale by secured creditor. The sale certificate shall be issued in the name of the successful bidder. No request for change of name in the sale certificate other than the person who submitted the bid / participated in the e- Auction will be entertained. Date: 23.01.2019 Place: Thiruvananthapuram ALCINA NETTICADAN AUTHORISED OFFICER, STATE BANK OF INDIA, Stressed Assets Recovery Branch, LMS Compound,Oppo. Museum West Gate Vikas Bhavan.P.O.Thiruvananthapuram.